“With this decision, blocking measures against illegal virtual asset operators will also apply to internet websites, following apps such as those on …
South
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Finance
South Korea just got its first traditional bank loans backed by bitcoin
by shayaanby shayaanJeonbuk Bank has started offering bitcoin-backed loans to corporate clients, becoming the country’s first bank to let firms borrow cash against their …
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The country’s regulators are stepping up their earlier restrictions on mobile apps to websites, targeting unregistered exchanges before investors report losses. www.coindesk.com
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South Korea’s Jeonbuk Bank, a subsidiary of JB Financial Group, reportedly started issuing Bitcoin-backed loans to its corporate customers. Local outlet EDaily …
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Markets
Bitcoin, ether slip and rebound as South Korean stocks slide on AI-related concerns
by shayaanby shayaanInvestors are positioning ahead of today’s bank earnings reports and Wednesday’s U.S. inflation data. www.coindesk.com
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South Korea operated the largest crypto economy in East Asia between July 2025 and June 2026 at $449.1 billion, expanding 12.3% over …
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Finance
South Korea’s tokenization architects want crypto taxes postponed again
by shayaanby shayaanBoth parent laws, due to kick in from February 4, 2027, will expand the scope of tokenization in the country. The current …
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“Is it right to rush into starting this cowardly taxation?” Han said. Under South Korea’s current rules, qualifying income from transferring or …
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South Africa has released draft requirements to guide crypto cross-border transfers in the region. The move has drawn reactions from crypto industry …
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Regulation
South Africa crypto firms pause R2.2 billion in deals over exchange controls
by shayaanby shayaanSouth African crypto companies have put at least R2.2 billion in deals on hold as proposed exchange control rules threaten to restrict …